When devising a decarbonisation strategy, businesses need to set clear and ambitious targets. It is essential that these targets are based on climate science and aligned with the wider global time frame of reducing global emissions by 2050 (Science Based Targets, n.d.). Clear targets allow the business to track its progress towards a net zero […]
Tag: ESG
Align purpose, strategy and business models
To be successful in a net zero economy, a business or organisation must make a fair social contribution and have a neutral or positive environmental impact, alongside creating financial value (CISL, 2020). This can be achieved by aligning the organisation’s core purpose with a net zero goal. In this context, we can define purpose as […]
Building Blocks: curate new urban pedagogies
Signify: decarbonising the lighting market
What was the plan? Lighting accounted for one-fifth of global electricity consumption in 2006, according to calculations made by Signify (formerly Philips Lighting). To become compatible with a climate secure future, Signify took the bold decision to phase out traditional incandescent light bulbs and advocate for light-emitting diode (LED) lighting. They issued a global call […]
Danone: decarbonising agricultural supply chains
What was the plan? As part of its goal to become a net zero organisation by 2050, the multi-national food products company, Danone, decided in November 2017 to focus on ‘regenerative agriculture’. In addition to reducing emissions, regenerative agriculture promises to make Danone’s supply chain more resilient to rising temperatures and other climate shocks (Danone, […]
Royal DSM: decarbonising business operations
What was the plan? Royal DSM (DSM) is a health, nutrition and biosciences multinational headquartered in the Netherlands. In 2019, the company announced its goal to reach net zero GHG emissions across its operations and value chains by 2050. At the time, DSM was one of the first companies to align its climate targets with […]
